American editor, publisher, and businessman Malcolm Stevenson "Steve" Forbes, Jr., has an estimated net worth of $430 million.

The son of wealthy publisher Malcolm Forbes, Steve Forbes graduated from Princeton in 1970 and joined the family business, eventually becoming president and chief executive officer of its publisher, Forbes Inc. and editor-in-chief of Forbes Magazine.

In 1996 Forbes entered the GOP presidential primaries, with his family fortune giving him instant political credibility. He lost the nomination to Bob Dole. In 2000 he ran again, and was beaten for the nomination by eventual president George W. Bush.

Forbes was born in Morristown, New Jersey on July 18, 1947, and is of English, Scottish, French, and Dutch descent. He is married to Sabina Beekman, with whom he has five daughters. In 2007, his daughter Moira was named Publisher of Forbes Life Executive Women. As a member of the Princeton class of 1970, he founded his first magazine, Business Today, with the help of two other students. Business Today is currently the largest student-run magazine in the world.

Earnings & Financial Data